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A statement released earlier today by Credit Suisse about Callidus Software (NASDAQ:CALD) bumps the target price to $22.00

Callidus Software (NASDAQ:CALD) had its price target raised to $22 by Credit Suisse in an issued report issued 9/19/2016. The latest target price indicates a possible upside of 0.17% from the company’s last stock close price.

Just yesterday Callidus Software (NASDAQ:CALD) traded 0.11% higher at $18.88. Callidus Software’s 50-day moving average is $19.73 and its two hundred day average is $18.12. With the last stock price up 4.20% relative to the two hundred day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time. 3,348,938 shares of CALD exchanged hands, up from ann avg. trading volume of 449,758.

Performance Graph:

Callidus Software (NASDAQ:CALD)

With a market capitalization of $0.0, Callidus Software has a 52 week low of $11.48 and a 52 week high of $21.64 with a P/E ratio of 0.

A total of 10 analysts have released a ratings update on CALD. Three firms rate the company a strong buy, seven firms rate the company a buy, 0 firms rate the company a hold, 0 rate the company to underperform, and lastly 0 analystsrate the company as sell with an average target price of $22.20

General Information About Callidus Software (NASDAQ:CALD)

Callidus Software Inc. (Callidus) is a provider of cloud-based sales, marketing, learning and customer experience solutions. The Company’s CallidusCloud enables its customers to manage their Lead to Money process with a suite of solutions that identify leads, implement territory and quota plans, enable sales forces, automate bid configuration pricing and quoting, manage contracts, streamline sales compensation and capture customer feedback, among others. Lead to Money is a process designed to help companies respond to the changing role of sales and marketing in the redefined buying cycle. The Company’s Lead to Money suite and technology solutions include Lead, Planning, Enablement, Quotes and Proposals, Contracts, Incentives, Customer Experience and Technology. The Company provides a range of services, which include professional services, business process outsourcing services, maintenance and technical support services, and and education services.

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